1 Bed
1 Bath
503 SqFt
1 Bed
1 Bath
503 SqFt
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 503 sqft
Subdivision Barnum
MLS Listing ID 2853692
Style Ranch
Bedrooms 1
Full Baths 1
HOA Y/N false
Abv Grd Liv Area 503
Originating Board REcolorado
Year Built 1906
Annual Tax Amount $1,456
Lot Size 1,306 Sqft
Acres 0.03
Property Description
Prime investment opportunity in Denver's transforming Barnum neighborhood! Ideal for a 1031 exchange, this 1,500 sq. ft. lot offers potential for land use, scrape, or redevelopment in an area experiencing significant rezoning and revitalization. The current structure, formerly an ADU, provides the option for rental income through a rent-back arrangement with the seller while you secure permits, anticipated to take approximately 8 months. This lot offers endless possibilities for 1031 exchange investors and developers seeking land use, scrape, and redevelopment opportunities in one of Denver's most rapidly revitalizing areas.
Located within walking distance to Barnum Park, the Barnum Mountain Bike Park is also nearby, with beautiful Barnum Lake and its City views, and Barnum Recreation Center with pools to enjoy in the summer months. You will notice this property is surrounded by ample amenities.
**Please note: Gas service has been shut off to the property, and the insurability of the structure is unknown.** No interior showings will be permitted until an offer is received and accepted, and earnest money is deposited. Earnest money will become non-refundable ("go hard") 48 hours after Mutual Execution of Contract (MEC).
Take advantage of this rare opportunity to invest in one of Denver's fastest-evolving neighborhoods! Whether you're looking for a scrape-and-build or a land-use investment, this property is poised for tremendous future potential. Be sure to check out the possibilities for 1031, land use, residential income, and redevelopment opportunities!
Location
State CO
County Denver
Area Metro Denver
Zoning E-SU-D1X
Direction Side of the alley, as property sets on the corner.
Rooms
Other Rooms Outbuildings
Primary Bedroom Level Main
Interior
Heating Forced Air
Laundry Main Level
Exterior
Garage Spaces 2.0
Waterfront false
Roof Type Composition
Handicap Access Level Lot
Building
Lot Description Corner Lot, Level
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Barnum
Middle Schools Strive Westwood
High Schools West
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
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